Purkeys develops, manufactures and distributes electric power solutions to truck fleets, liftgate manufacturers, trailer manufacturers, truck dealers and truck Original Equipment Manufacturers (OEMs) in North America. The companyâ€™s product range includes liftgate charging systems, inverters, harnesses, solar power solutions and various ancillary products.
MCE did not disclose the financial details of the transaction.
â€śWe are delighted to have Purkeys join MCE,â€ť said Kevin Moschetti, chief executive officer of MCE. â€śPurkeysâ€™ products are high-quality, technologically advanced and valued by its customers. Purkeys has a strong reputation for being a reliable, trusted partner of truck fleet operators, solving electrical system problems and realizing new power application opportunities.
â€śPurkeysâ€™ portfolio of power products, end markets and distribution partners are highly complementary to MCE and will bring a nice mix of aftermarket sales to our vehicle power business. The synergies that exist between our companies will provide more value for end-users, OEMs and distribution partners. I am also encouraged by the new growth platforms available as we help Purkeysâ€™ customers realize opportunities offered by the vehicle electrification trend.
â€śMost importantly, I am excited about the talent level of Purkeysâ€™ people and their unique dedication to customer satisfaction.â€ťÂ
MCE designs, manufactures and distributes electronic power products that fit a variety of mission-critical applications across all non-automotive vehicle types (including RVs, heavy-duty trucks, work trucks, emergency vehicles and busses).
â€śThe Purkeys brand is a great fit with our Xantrex and Kussmaul brands in the vehicle space,â€ť said Dale Tompkins, president of MCEâ€™s vehicle power business. â€śPurkeysâ€™ relationship with truck fleets, coupled with the broader product portfolio available through Kussmaul and Xantrex, will allow us to bring more solutions and more value to Purkeysâ€™ customer base. Our combined sales and technical support teams will enable us to reach the market more effectively and improve our already great customer service.â€ť